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    For Sale - 1169 Davenport Road, Toronto, Ontario

    Est payment $14,382/mo
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    Views   1
    Time on Jump  4 day

    AI Summary *

    • Newly built fourplex with projected cap rate around 5% for investors.
    • Over 4,400 sq ft with four spacious townhome-style suites for comfortable living.
    • Modern interiors with stainless steel appliances and stone countertops in kitchens.
    • Bright rooms with large windows and high ceilings create a welcoming atmosphere.
    • Convenient location near transit, parks, shops, and restaurants in a vibrant neighborhood.




    Newly built, thoughtfully designed residence offering a turnkey income fourplex offering an attractive projected cap rate of approximately 5%. Gross rent (est.) is $177,600 per annum, and net operating income is approximately $154,554 per annum. Property is over 4,400 sq ft., comprised of four spacious, two-story townhome-style suites. Each suite features 2 bedrooms and 2 to 3 bathrooms, carefully laid out to maximize both functionality and comfort. The interiors are finished with contemporary design elements throughout, highlighted by sleek kitchens equipped with stainless steel appliances, stone countertops, and generous cabinetry. Bright and airy principal rooms are complemented by large windows and elevated ceiling heights, creating a warm, inviting living environment across all units. Three units have balconies and patios with gas connections for bbqs. The lower level is enhanced with radiant-heated polished concrete floors, delivering both modern appeal and year-round comfort. Additional features include in-suite laundry, electric fireplaces, efficient forced-air heating, and central air conditioning, ensuring convenience and ease of living for both owners and tenants. Located within the prestigious wychwood / hillcrest enclave, this address offers a refined urban lifestyle defined by character, culture, and convenience. Situated steps from transit along davenport and near ossington, the property offers easy access to surrounding neighbourhoods, parks, and local amenities, earning the area a reputation as a"walker's paradise. Just minutes from st. Clair avenue west, residents enjoy easy access to shops, cafes, restaurants, and everyday essentials, along with convenient ttc transit connections to downtown toronto and surrounding neighbourhoods.
    Listing IDC13837852
    Address1169 Davenport Road
    CityToronto, Ontario
    Price$2,995,000
    Bed / Bath8 / 2 Full
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air OpenHeating Fuel GasSewer Sanitary

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    Listing Brokerage: RIGHT AT HOME REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1169 Davenport Road
    Toronto , Ontario
    8 2 $2,995,000
    Get more info